Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."

Here is a multiple gathering of articles from different sources - you can read or not - check it out or not - believe it or not - it is totally up to the reader to make their own decision and feel or not feel -- for whatever reason - it is not my place to judge anyone -

Have a blessed evening - UNEEK

In 2010 more people died from suicide than from motor vehicle crashes.

The rate has risen most sharply for men in their 50s, who committed suicide at a nearly 50 percent higher rate in 2010 than they did in 1999.

OK THIS IS INSANE NOW.. AND NO ONE IS NOTICING?? Yet another banker has committed suicide, with a JP Morgan forex trader leaping to his death from the top of the firm’s Chater House headquarters in Hong Kong.

Eyewitnesses said that the man, who was in his 30′s, accessed the roof of the 30 story office tower and jumped, with police on the scene failing to talk him out of committing suicide. Chater House is JP Morgan’s main regional Asian office.

Yet another banker has committed suicide, with a JP Morgan forex trader leaping to his death from the top of the firm’s Chater House headquarters in Hong Kong.

Image: Man pictured before his suicide (SCMP).

Over the past few weeks at least seven bankers have died under mysterious circumstances, including another JP Morgan senior manager who jumped off the top of a skyscraper in London last month.

Speculation is rife that the series of deaths are connected to some kind of looming financial crisis or a huge legal case targeting bankers for malfeasance, although no definite link has been established.

Eyewitnesses said that the man, who was in his 30′s, accessed the roof of the 30 story office tower and jumped, with police on the scene failing to talk him out of committing suicide. Chater House is JP Morgan’s main regional Asian office.

“According to several JP Morgan employees, the man was a forex trader with the company,” reports the South China Morning Post, adding that his name was Li Junjie. The bank itself refused to confirm that the man was an employee.

Junjie becomes the 7th banker to suddenly die in recent weeks. Questions as to whether the deaths are merely a coincidence or are linked to some as yet unknown factor continue to swirl.

- On January 26, former Deutsche Bank executive Broeksmit was found dead at his South Kensington home after police responded to reports of a man found hanging at a house. According to reports, Broeksmit had “close ties to co-chief executive Anshu Jain.”

- Gabriel Magee, a 39-year-old senior manager at JP Morgan’s European headquarters, jumped 500ft from the top of the bank’s headquarters in central London on January 27, landing on an adjacent 9 story roof.

- Mike Dueker, the chief economist at Russell Investments, fell down a 50 foot embankment in what police are describing as a suicide. He was reported missing on January 29 by friends, who said he had been “having problems at work.”

- Richard Talley, 57, founder of American Title Services in Centennial, Colorado, was also found dead earlier this month after apparentlyshooting himself with a nail gun.

I am not looking for doom & gloom but I do like to know why's about a lot of things that really do require more serious thought and even deserve such in light of the seriousness of the matter -- you know there were other suicides last year -- bet you did not know there were 30 employees at one firm between 08 and 09 that committed suicide -

I just felt an urge to gather some of this data and file away for a bit - I have only scratched the surface and do not know how much more or when I will add to this - sharing with you but of course you can discard -- It also makes me go hummm? What?????

Home » Fourth suicide for finance executive under investigationThe TickerFourth suicide for finance executive under investigationPolice say victim shot himself seven or eight times with a nail gunTrey GarrisonFebruary 8, 2014 1:08AM

This comes on the heels of three prominent bankers whose deaths have been ruled suicides since late January, and the disappearance of a Wall Street Journal oil markets reporter, as first reported by HousingWire.

CEO commits suicide by shooting himself with a nail gun while his company is under investigation

Richard Talley, 57, founder of American Title Services in Centennial, Colorado, was found dead in his home on Tuesday

Talley 'once claimed to be a member of the 1980 U.S. Olympic swimming team'. USA Swimming refuted this on Thursday

HousingWire first reported Feb. 1 that three prominent bankers were found dead in apparent suicides spanning the course of just six days.

Since then, details emerged about the work of the three that suggests at least a passing commonality – that is, the institutions they worked for were all connected to investigations in the United States or the United Kingdom for various types of fraud or misconduct.

Former Federal Reserve economist Mike Dueker, 50, was found dead in an apparent suicide near Tacoma, Washington on Jan. 31. Dueker was chief economist at Russell Investments.

On Jan. 26, William Broeksmit, 58, a former senior manager for Deutsche Bank, was found hanging in his home, also an apparent suicide.

On Jan. 28, Gabriel Magee, 39, vice president at JPMorgan Chase (JPM) London headquarters, apparently jumped to his death from a building in the Canary Wharf area.

Meanwhile, among those following developments in these deaths, there is chatter about the disappearance of another Wall Street regular, veteran Wall Street Journal oil commodities markets reporter David Bird, MISSING

His family tells the New York Daily News that they are concerned his disappearance may be connected to his investigative coverage of OPEC.

Bird has been missing since Jan. 11. Bird told family he was going for a hike and left his New Jersey home without critical daily medication he takes. Five days after he disappeared, a credit card in his name was used in Mexico.

LONDON (CNNMoney) Josef Ackermann, one of Europe's best known bankers, resigned as chairman of Zurich Insurance Thursday, following the apparent suicide of the Swiss company's finance chief.

Pierre Wauthier, who had been CFO since October 2011, was found dead at his home in Switzerland Monday.

A preliminary forensic report and evidence found at the scene suggested he had committed suicide, according to a police report. No motive was given.

Wauthier had dual British and French citizenship, and had been with the firm since 1996.

Ackermann, who was CEO of Deutsche Bank (DB) for a decade, resigned from the insurer's board after little more than a year in the role, saying he was "deeply shocked" and hinted that Wauthier's family was linking his death to work issues.

"I have reasons to believe that the family is of the opinion that I should take my share of responsibility, as unfounded as any allegations might be," Ackermann said in a statement released by Zurich Insurance. (ZFSVF)

"To avoid any damage to Zurich's reputation, I have decided to resign from all my board functions with immediate effect."

Wauthier's death is the second to rock Switzerland's corporate world in as many months. Carsten Schloter, CEO of Swisscom (SCMWY), was found dead in late July in a case police also assumed was suicide.

Business

07.23.13Swisscom Head Schloter Dies in Rare CEO SuicideThe head of Switzerland’s largest telecommunications company was found dead at his home.

Authorities suspect it may be a rare case of self-inflicted death by a prominent CEO.

Carsten Schloter, chief executive officer of Swiss telecom giant Swisscom AG, was found dead in his Freiburg home Tuesday morning. A spokesman for the local police has said preliminary evidence points to suicide.

CEO suicides are rare, though it is not unheard of for abrupt downturns or unearthed scandals to trigger high-ranking executives’ taking of their own lives.

He was rescued and later arrested. The firm had filed for bankruptcy and was scrambling to account for $200 million in missing customer funds.

In 2009, James McDonald, chief executive officer of investment management company Rockefeller & Co., died of a self-inflicted gunshot wound. Some sources cited the pressures of the job during financially troubled times.

Also in 2009, Beneficial Corp. CEO Finn Caspersen committed suicide following a New York Times report that he was suspected of evading millions in federal taxes through offshore accounts.

Earlier this year, Schloter projected lower earnings in 2013 as the company invested in mobile phone and internet network infrastructure.

Last week, Weko, the Federal Competition Commission of Switzerland tasked with “monitoring dominant companies for signs of anti-competitive conduct,” launched an investigation of Swisscom pursuant to a 2009 complaint filed by rival Sunrise.

The rival alleged Swisscom abused its market position—the company has a 55 percent market share in broadband—in its broadband offerings for business clients.

Sunrise charged that Swisscom fixed Internet cable prices too high for telecom rivals to reasonably afford to use them. Swisscom has defended its business practices as in line with fair competition.

Telecom Italia was fined upward of $136 million by Italy’s Antitrust Authority in a similar case earlier this year, according to Reuters.

The penalty for violation of Swiss cartel laws can be up to 10 percent of a company’s Swiss-earned revenue for the prior three financial years.

That means that in the worst case scenario, the telecom giant could end up paying fines equal to about $3 billion, based on revenue estimates from the company’s annual reports.

In a May interview with a Swiss newspaper, Schloter cited the 24/7 data flow as a significant stress factor. “I find it increasingly difficult to unwind,” he said.

Though the suicide of high-profile executives is a rare tragedy, in America suicide rates among baby boomers are on the rise, according to the CDC.

{rare ????} not so anymore - in my (uneek) opinion

In 2010 more people died from suicide than from motor vehicle crashes.

The rate has risen most sharply for men in their 50s, who committed suicide at a nearly 50 percent higher rate in 2010 than they did in 1999.

Schloter, who was 49 years old, began his career at Mercedes-Benz before leaving for the German telephone services provider Debitel in 1992 and moving to Swisscom’s mobile division in 2000.

The Swiss government is a majority shareholder in Swisscom with a 56.77 percent stake. Urs Schaeppi, the head of Swisscom Switzerland and Corporate Business, will take over interim management of the company’s operations.

Embattled Metra CEO Phil Pagano committed suicide Friday morning, just hours before the agency's board was to meet to discuss his future.

Pagano stood on the tracks in unincorporated Crystal Lake for about five to 10 seconds before the train hit him at around 8 a.m., the train's conductor said, adding that he made eye contact with Pagano before the impact. There were 24 passengers aboard the train.

"The engineer made a statement to us that he simply saw a person standing in between the rails of the track, looking at the train," said McHenry County Sheriff Keith Nygren.

Nygren said Pagano left a note indicating his intentions, and reports said investigators found his wallet and a copy of Metra's guidlines on how to handle a stoppage due to a suicide.

Pagano was home alone prior to driving to the tracks. He drove himself to the location just west of Terra Cotta Road on Hillside Road, parked his car, then walked onto the tracks. His wife was out of the state but has been notified.

The Metra board abruptly canceled a meeting sceduled to discuss Pagano's future after he was implicated in a potential bonus scandal, and released a statement shortly afteward.

"It is with great sadness that we report the passing this am of Philip A. Pagano," the statement read. "Philip Pagano served this agency with distinction for many years. Today we shall remember the good work he achieved with our Board of Directors and the men and women of Metra.

He was dedicated to our passengers and he always considered the men and women of Metra his family and there is a tremendous sense of loss within the agency."

Board members were visibly shaken by the news.

"This is a sad day for Metra," said Jack Partelow, a Metra board member, when asked about reports.

Pagano, who has run the agency for 20 years, is paid $269,625 to run the commuter rail service. But sources say he gave himself an extra $56,000 last year. Metra employees don't get bonuses, spokeswoman Judy Pardonnet said.

The Metra board hired a lawyer to investigate the alleged misappropriation. Senator Dick Durbin called for a federal investigation into the bonus.

*****************Greatness lies, not in being strong, but in the right using of strength; and strength is not used rightly when it serves only to carry a man above his fellows for his own solitary glory. He is the greatest whose strength carries up the most hearts by the attraction of his own -- Bryant

“When you judge another, you do not define them, you define yourself.” ― Wayne W. Dyer To be persuasive, one must be believable;To be believable, one must be credible;To be credible, one must be truthful.*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~